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360 One Asset Launched 500 Cr Funds to Support Early-Stage Startup
360 One Asset, the real estate management branch of wealth manager 360 ONE WAM, has recently launched INR 500 crore funds to provide support for early-stage startups, marking a major entrance into India’s expanding startup ecosystem.
Summary:
1. 360 One Asset, the real estate management branch of wealth manager 360 ONE WAM, has launched an INR 500 crore fund to support early-stage startups in India.
2. The fund, which has already sponsored four entrepreneurs, will invest in seed and Series A rounds in consumer tech, fintech infrastructure, generative AI, and cutting-edge fields like spacetech, defense, and precision manufacturing.
3. The fund is backed by an advisory board comprising entrepreneurs and tech experts such as Gaurav Kushwaha, Nigel Vaz, Vaibhav Domkundwar, and Ashwin Mittal.
The fund has already sponsored four entrepreneurs from various industries, adding to the firm’s “Idea to IPO” capital stack.
According to this latest startup news, the fund will invest in seed and Series A rounds in consumer tech, fintech infrastructure, generative AI, and cutting-edge fields such as spacetech, defense, and precision manufacturing.
“The strategy, which is anchored by its $3 billion investment platform, emphasizes long-term capital support, board participation, and deep involvement,” the company said.
Goal Behind Funds Launched by 360 One Asset
According to Abhishek Nag, Senior Fund Manager, Strategy Head, Early-Stage VC, 360 ONE Asset, the firm is establishing itself to fill a gap between the country’s micro-VC ecosystem and large global funds, and will provide startups with flexible, long-term capital throughout their growth journey.
“As India nears its next wave of startup-led economic expansion, 360 ONE Asset’s early-stage strategy aims to be at the forefront, identifying, backing, and shaping the companies that will define the next generation of unicorns,” said Sameer Nath, CIO & Head, Private Equity & Venture Capital, 360 ONE Asset.
“We execute a disciplined investing approach that includes thorough due diligence, explicit value creation plans, and specified exit strategies for early-stage startups. We also provide active joint investment options for strategic partners, all while remaining focused on long-term macrotrends like domestic consumption, financial infrastructure, healthcare, AI-powered services, and deep tech innovation,” Nag said on this latest startup news.
The approach is already in motion, with transactions at early phases of due diligence. These include a hybrid-casual gaming startup whose flagship India-focused game received 10 million downloads in three months; a hot sauce brand promoting Indian flavors abroad; a SaaS firm creating a “mutual fund AMC in a box”; and a spacetech company developing regional Synthetic Aperture Radar technology with ISRO expertise, according to the company.
360 ONE Asset’s early-stage funds are backed by an advisory board that comprises entrepreneurs and tech experts such as Gaurav Kushwaha, Nigel Vaz, Vaibhav Domkundwar, and Ashwin Mittal.
Similarly, in the latest startup news, Aarthi Ramamurthy, who has founded Schema Ventures, raised a $20 million startup fund that focuses on early-stage firms in industrial software, robotics, manufacturing, construction, logistics, workflow intelligence, and developer tools.
Ramamurthy has also co-founded True & Co, a lingerie e-commerce firm, and served as entrepreneur-in-residence at Battery Ventures.
Schematic Ventures is an early-stage startup fund established in San Francisco. They invest in technology companies that specialize in supply chain management, manufacturing, and software infrastructure.
Furthermore, they have a track record of assisting startups and growing the industrial technology ecosystem.
Ramamurthy, who led the product and engineering teams at Microsoft, Netflix, and Meta, said in the latest startup news that the fund will encourage founders who build on lived experience rather than “pedigree or proximity.”
In 2020, she founded the Clubhouse program with her husband, Sriram Krishnan, a former Andreessen Horowitz general partner and current White House senior AI policy advisor. The Good Time Show included genuine discussions about startups, venture funding, and cryptocurrency, with high-profile guests such as Elon Musk and Mark Zuckerberg.
